Tuesday, December 18, 2012
Diesel prices continued to head south this week, with the Department of Energy’s Energy Information Administration reporting that the average price per gallon fell 4.6 cents to $3.945 per gallon.
Posted on 12/18 at 09:57 AM
Diesel Prices •
Monday, December 17, 2012
Specific factors drive respective volumes gains and losses at the Port of Long each and Port of Los Angeles, respectively.
Heads of NITL and AAR discuss differences over railroad switching at RailTrends conference.
The Teamsters National Freight Industry Negotiating Committee said it is prepared to exchange contract proposals with ABF on December 18 and bargain a solid contract for the 7,500 ABF Teamsters.
Posted on 12/17 at 10:15 AM
ABF Freight •
Friday, December 14, 2012
To support the productive enterprise, supply chains must embrace resiliency and become “massively multidimensional.”
A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion, rerouting, hoarding, and price speculation ripple through supply chains of global companies, Marsh warned in a new report published this week.
In an effort to have closer proximity to one of the biggest technology regions of the United States, Class I railroad carrier Union Pacific said this week that it has opened up an Austin, Texas-based information technology center.
Carload volume—at 292,206—was down 1.6 percent annually, and intermodal—at 240,098 trailers and containers—were down 0.3 percent.
Posted on 12/14 at 01:57 AM
Rail Freight •
Thursday, December 13, 2012
Commerce reported that November retail sales at $412.4 billion were up 0.3 percent compared to October and up 3.7 percent compared to November 2011. And the NRF reported that ovember retail sales, which exclude autos, gas stations, and restaurants, were up 0.8 percent on a seasonally-adjusted basis from October and up 4.4 percent on an unadjusted basis annually.
The much-maligned Transportation Worker Identification Credential (TWIC) program received another setback this week, when the Department of Defense said in a Federal Register notice that it “does not meet DOD security standards and cannot be used as of January 29, 2013.”